#Gate廣場五月交易分享

The ETH/USDT futures contract trend is similar to BTC, showing a synchronized decline with a more weakened pattern.

Today, from a high of approximately 2,297 U, it fluctuated downward, and has now consecutively broken through multiple short-term moving averages, with the lowest touching around 2,191 U, and the intraday decline expanding to about 3.42%. Due to recent on-chain large holder fund transfers (such as whales moving out ETH), this has caused Ethereum's short-term selling pressure to be heavier than Bitcoin's, and technically, it is approaching a key support level on the daily chart.

1. Short position strategy (trend-following short at high points) left-side entry zone: 2,240 U - 2,260 U. This area is a previous area of long-short rotation (former support turned resistance) and near the middle Bollinger Band on the 1-hour chart. If a rebound occurs within this zone accompanied by declining volume, it is an excellent right-side resistance entry point. Strict stop loss: 2,285 U (if the candlestick closes and stabilizes above this level, it indicates the intraday downtrend has been broken, and short positions must be exited to avoid risk). Take profit target: first target near the previous low of 2,190 U; if a high-volume breakdown occurs, it can be followed down to the daily major support level of 2,150 U.

2. Long position strategy (weak rebound / ultra-short-term) left-side low-entry point: 2,170 U - 2,190 U. This zone is a dense oversold area caused by today’s heavy selling. If a long lower shadow appears here (such as a pin bar on the 15-minute chart), a small position can be used to gamble on a very short-term dead-cat bounce. Strict stop loss: 2,150 U (once the candlestick closes below this level, it will open space down to 2,100 U, do not hold against the trend). Take profit target: around 2,230 U - 2,240 U, and it’s advisable to take profits promptly.

💡 Trading tip: Ethereum’s current volatility (exchange rate pair) is relatively weak. In short-term trading, the success rate and risk-reward ratio of short positions are usually better than long positions. When trading on Gate.io, pay close attention to changes in funding rates (usually settled every 8 hours) to prevent passive increases in holding costs during extreme market conditions. $BTC $GT $ETH